Advanced Micro Devices, Inc., often known as AMD, is a global American semiconductor corporation with its headquarters in Santa Clara, California. AMD manufactures computer processors and related technologies for both the business and consumer sectors.
The company was founded in 1969 by Jerry Sanders and a handful of other technology professionals. Most of the first AMD products were computer memory chips and other components. Later, the company grew into the microprocessor market, where it faced off against Intel, its major rival.
AMD’s leading products for usage in servers, workstations, personal computers, and embedded systems include microprocessors, motherboard chipsets, embedded processors, graphics processors, and FPGAs. The company has also made clear that it plans to expand into new markets, including high-performance computing, the data center, and the gaming sector.
The stock price of Advanced Micro Devices, Inc. is now 108.57, with a total market cap of 174.83 billion (44 million shares outstanding). Advanced Micro Devices, Inc. trades on the NASDAQ under the ticker AMD. The price of Advanced Micro Devices, Inc. has risen -1.51% in the last 24 hours. The stock price prognosis for AMD Inc. is now positive.
An American semiconductor business called Advanced Micro Devices Inc. (NASDAQ: AMD) has a market value of over $186.51 billion. The corporation reported a net loss of $139,000,000 in the first quarter of 2023. The company’s announced earnings per share (EPS) were $0.60 whereas the estimate was $0.56.
Advanced Micro Devices Inc. generated $23.60 billion in revenue in 2022, the majority of which—nearly $6.80 billion—came from gaming, the industry’s current top performer. Notably, the U.S. contributed the most to the sales total, giving AMD Inc. $8.05 billion last year.
In the previous 52 weeks, the stock price has grown by +11.29%. AMD’s beta is 1.82, indicating that its price volatility has been more than the market average. The most recent short interest is 25.04 million, representing 1.55% of the outstanding shares. AMD had revenue of $21.88 billion and losses of -$25.00 million in the previous year.
The per-share loss was -$0.03. The corporation has a cash position of $6.29 billion and a debt position of $2.86 billion, for a net cash position of $3.43 billion or $2.13 per share. The stock’s EV/EBITDA ratio is 42.55, with a 93.24 EV/FCF ratio. Operating cash flow was $2.40 billion in the previous year, while capital expenditures were -$530.00 million, for a free cash flow of $1.87 billion.
Furthermore, AMD’s stock price increased by 3.38% in a month and 30.62% in the previous three months. Furthermore, AMD shares have increased by roughly 47.71% in the previous six months and 71.22% year to date. This validates the facts about AMD stock’s maximum recovery in 2023.
Nonetheless, technical indications are indicating a divergence in AMD share price activity. The relative strength indicator demonstrates AMD stock’s upward trajectory. The RSI was at 48 and was about to break out of neutrality and become overbought.
MACD, on the other hand, demonstrates AMD stock price consolidation. The MACD line is lingering below the signal line, patiently awaiting a favorable crossing.
On the Daily Chart:
On the weekly chart:
The current price of AMD stock as of 2023 July 10, Monday is 113.170, and according to our data, the asset’s price has been rising over the past year (or since it started).
Our website employs a special Deep Learning-based algorithm that assists consumers in determining if AMD would make a decent addition to their portfolio. These forecasts consider a number of factors, including volume changes, price changes, market cycles, and comparable stocks.
Our prediction method projects the stock’s future price to be 194.95463160605$ (72.267%) after a year.
Assuming that Advanced Micro Devices shares would increase at the same average annual rate as they did over the previous ten years, the Advanced Micro Devices stock forecast for 2025 is currently $ 291.49. The price of AMD stock would grow by 157.62% as a result.
If Advanced Micro Devices keeps growing at its current 10-year average rate, its stock price will reach $3,104.96 in 2030. The AMD stock will increase 2,644.11% from its current price if this 2030 forecast comes true.
The average 12-month stock price projection for AMD stock is $123.07, which indicates a gain of 8.75%, according to 30 stock analysts. The lowest and highest targets are $60 and $200 respectively. The majority of analysts recommend buying AMD stock.
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
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